Saturday, December 2, 2023

Dhaka stocks break 5-day losing streak

Dhaka stocks rose on Monday breaking a five-day losing streak on bargain hunting. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.29 per cent, or 52.41 points, to close at 4,092.28 points. Turnover of the bourse increased to Tk 239.08 crore on the day from

DSE turnover hits 7-month low on thin trading

The turnover of the Dhaka Stock Exchange dipped to a seven-month low of Tk 285.64 crore in volatile trading on Tuesday with the investors waiting to see the outcome of the cases filed by the Securities and Exchange Commission against five alleged market manipulators and the market behaviour following the regulatory action before deciding their ... Read more

Dhaka stocks sink for fourth week

Cautious trading by retail investors and inactivity of the institutional ones kept Dhaka stocks in the negative zone last week amid a significantly low volume of transactions, stretching the current bear run to four straight weeks. Last week, the benchmark general index of Dhaka Stock Exchange, or DGEN, lost 94.84 points,

Liquidity crunch sends Dhaka stocks on the edge

Turnover of Dhaka Stock Exchange hit a new two-month low on Tuesday because of liquidity crunch as the institutional investors remained inactive and individual ones cautious following the latest bear run of the market for the last three weeks. The DGEN, benchmark general index of Dhaka Stock Exchange, on Tuesday lost 60.02 points, or 0.97 ... Read more

Stocks rise but turnover drops

The participation of some institutional investors on Monday kept the Dhaka stocks afloat, although the turnover of the bourse slumped to one-and-a-half-month low due to lack of participation of general investors. The DGEN, the benchmark general index of Dhaka Stock Exchange, gained 103.78 points, or 1.69 per cent, to close the day at 6,223.94 points, ... Read more

Investors take to streets again in fear of another debacle

DGEN plummets by 174 points, SEC advises investors not to panic Aggrieved share investors staged rowdy demonstrations on the streets of Motijheel on Tuesday when the general index of Dhaka Stock Exchange plummeted by 174.65 points, stretching the bear-run to seventh day because of panic-driven sell-offs. Some of the investors could not hold their nerve ... Read more

DSE falls for 6th day on rumour of large-scale disinvestment

A panic caused by a rumour that some of the heavyweight players were going for massive disinvestment following the news that the Securities and Exchange Commission was preparing to take legal actions against market manipulators during the last stocks debacle pulled down the Dhaka stocks on Monday. The benchmark general index of the Dhaka Stock ... Read more

Stocks end the week in red

Stocks returned to the red as trading sessions advanced toward the close last week, ending a five-week gaining streak. Profit-taking pushed down market indices. The benchmark general index of Dhaka Stock Exchange, DGEN, capped the week at 6,587, declining 73 points or 1.10 percent. The yardstick of the premier bourse gained 884 points or 15.15 ... Read more

Stocks fall Sunday on Muhith’s comments

Star Business Report Stocks declined on Sunday after an eight-day gaining streak as investors sold shares to book profits, after the finance minister indicated market manipulation might be at work again. The Dhaka Stock Exchange’s benchmark index DGEN lost 91 points, or 1.39 percent, to close at 6,486. On the port city’s bourse, the selective ... Read more

Stocks pass four bullish weeks

Stocks gained for a fourth week with high turnover due to active participation of small and institutional investors and the possibility of an increased inflow of money into the market. The benchmark general index, DGEN, gained 4.22 percent or 266 points, to end the week at 6,578. The yardstick of DSE gained 13.89 percent or ... Read more

DSE turnover tops Tk 1,100cr after two and a half months

Turnover of the Dhaka Stock Exchange on Sunday crossed the Tk 1,100-crore mark again after two and a half months while the bourse’s general index continued to rise for the fifth consequent day as both individual and institutional investors went on a buying binge on the hope that the market would rally further. Market operators ... Read more

Undisclosed money investment decision propels stocks

DSE turnover hits two-and-a-half month high Turnover of the Dhaka Stock Exchange on Wednesday hit a two-and-a-half month high and the stocks extended gains for the third day on buying spree after the government allowed legalisation of undisclosed money by investing in the capital market, market operators said. The Finance Bill 2011 passed on Tuesday ... Read more